Lee J. Brodsky Acquires Commercial Property In Kips Bay, Manhattan For $55.25M

The commercial property located at 312-316 East 30 Street in Kips Bay, Manhattan has been sold. The transaction took place on February 17, 2022, with a sale price of $55,250,000. The property has a total of 18,492 square feet and a price per square foot of $2,987. The building size factor (BSF) is 47,833, and the price per square foot (PPSF) is $1,155. The lot size is 6,164, with a lot dimension of 62.42 feet by 98.75 feet. The property falls under tax class 2 and has a floor area ratio (FAR) of 7.76.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $55,250,000
• Market: Kips Bay, Manhattan
• Zoning: R7B
• Buyer: Lee J. Brodsky
• Seller: Abraham Daniels
• BSF: 18,492
• PPBSF: $2,987
• SF: 47,833
• PPSF: $1,155
• FAR: 7.76
• Tax Class: 2
• Lot Size: 6,164
• Permits: Alteration 2 (04/03/2017)
• Lot Dimension: 62.42 ft x 98.75 ft

The buyer of the property is Lee J. Brodsky, while the seller is Abraham Daniels. The transaction also involved an alteration permit issued on April 3, 2017. It's important to note that no additional information was provided regarding the deal's key individuals or companies.